Fun-Durr-Mentals....

Same Shit, Different Day; yet again the S&P 500 is trading tick-for-tick with the all-important EURJPY cross rate. As the following chart shows, its all about fun-durr-mentals...

 

Fun-Durr-Mentals....

(h/t @Not_Jim_Cramer)

 

Same Shit Different Day...

 

and longer-term...